Spot Gold Trading
into your trading strategy.
Trade gold with ThinkForex and enjoy trading with spreads as low as 0.20. Short OTC gold bullion or go long to easily adapt to changes in gold trends. ThinkForex offers the most ideal trading conditions in the market today, so get active.
Take advantage of ThinkForex lighting fast execution and start trading Gold and other precious metals. Trade side-by-side with your favorite currency pairs and CFDs. Get started by opening a live ThinkForex account today.
Gold Trading Benefits
- Portfolio Diversification
- 500:1 Leverage
- NDD (No Dealing Desk Execution)
- Trade Side by Side with Forex Pairs
Gold Margin and Specifications
|Margin Calculation||(100 x Price x Lot Size) / Leverage|
|Example: 100 x 1425.00 x 1.0 = $142500 / 200 = $712.50
Leverage is 200:1 in this example
Gold moves in 0.10 increments with a pip value of $10 per 1.0 lot. Gold pip values can be calculated by multiplying tick value, lot size, and market movement (Closing Price - Open Price x 10)
In this example, the position (0.25 lot) was closed at 1440.00 from a 1438.00 open. Market movement = (1440.00 - 1438.00) X 10 = 20 pips P&L Calculation 10 x 0.25 x 20 = $50
|Contract Size||100 oz|
|Pip Value per 1.0 Lot||$10|
|Trading Hours (GMT)||Sunday 23:00 - Friday 22:00|
Please note: There is a daily one (1) hour break from 21:00 GMT to 22:00 GMT.